[This transcript was generated automatically from audio using AI and hasn't been reviewed by a person -- it can contain mistakes, including plausible-sounding sentences that were never actually said. Treat it as a starting point, not a verbatim record.]

[0:00] I see proposed. It's cut in and tax rate.
[0:04] So part of your board agenda. Part of the point is just to notice the post hearings in the paper this year we posted in the. I want to order and the ground. It's great. Granted. Granted. Granted. Granted. Tax tax rate calculation worksheet. The one that is posted is the 36 cents for the debt service. I have.
[0:31] The one that I originally did for the, I guess the voter approved rate, like I said last month, we voted to increase that voter approved the rate.
[0:47] So let's first talk about our budget for our general operating, our maintenance and operation.
[0:55] The tax rate this year is going to be, that we're going to propose is 70.11 cents per
[1:02] hundred dollars of valuation. Our budget is calculated on, if you will, go, take a second.
[1:08] I want to put it on that. The one that says budget, the first one.
[1:17] Not the first one.
[1:18] The middle one, the first one that says budget, the BIC general operating.
[1:28] So we calculated the budget on an average daily attendance of 1,120 students for our average daily attendance.
[1:37] I will say for the first two weeks of school our average daily attendance is 1,180 or average daily attendance.
[1:44] So, as a bright now, we're looking, this budget proved, we're looking like it's, we
[1:52] could end up better than what we're projecting around now.
[1:55] You see the reason, the next reason for the revenue decrease where this last year or budget
[2:02] was not $19.6 million, the actual amount, we still made it, it happened a day or tomorrow
[2:09] we'll have a payment from TEA, when you look at the budget amendments, it's going to be
[2:13] over $19 million. So we'll generate revenue this year. So budget is for our
[2:20] maintenance operation, 18 million, 654,313. There's been no changes since our
[2:27] August 10 budget workshop. So, the only questions.
[2:40] Here's your hope of the
[2:41] interest in sinking.
[2:51] Alright, so our interest in sinking, once had on August 10th, we
[2:54] approved to recent voter approval tax rate with the proposed rate of 36 cents, the tax
[3:01] rate of 30.36 cents, not what we're proposing now, but the tax rate of 30.36 would have generated
[3:09] enough to pay the proposed expenditure budget, shows there $2 million, $512,600. That is our
[3:17] budget on the expenditure side with the tax rate of 36 cents per $100 valuation of property
[3:23] Texas district which is a rate of $3,000,000, $350.00.
[3:38] The last one is our food service budget.
[3:44] The cafeteria is a balanced budget of $927,268.00.
[3:50] I could tell you how a couple weeks ago we're not most sure what this is going to look like with our community out of the beverage program.
[3:54] here about the middle of September, in August, we'll run our reports to TDA to get the
[4:02] re-enforcement and we'll kind of see what the right-wing looks like for the community
[4:05] of the building provision program.
[4:08] Have you spoken to the elementaries?
[4:10] Is that working out good, Prairie?
[4:12] I think so.
[4:13] I know we've gotten a lot of positive feedback about food up here on the hill being served and
[4:18] the elementary food.
[4:19] So I think it's going to be good.
[4:21] I think it's going to be good.
[4:22] that they changed it up right? Yes. Yes. We have a free lunches for all the elementary, you know,
[4:28] I haven't heard anything from the cafeteria. Okay, I didn't know if you had more eat in the
[4:32] cafeteria since it was free lunches for the kids. I haven't pulled those numbers and I haven't
[4:38] heard anything feedback from the cafeteria. All I've heard about is foods better. The overall
[4:44] message yourself.
[4:49] Ms. Garge, I said I've discussed the tax rate so we're proposing tonight
[4:54] 70-21 cents for maintenance operation and 36 cents for the debt centers. Let's all have
[5:02] to go have a few questions.
[5:07] Do we need to go in and close? If you all would like to go in to close,
[5:11] we can go into closed.
[5:30] Go ahead, go ahead and vote on six.
[5:38] Next is budget amendments.
[5:48] Do we want to talk about the
[6:06] I finally saw the contract.
[6:07] Well, I guess they have a contract.
[6:09] We've talked to the party about the land purchase
[6:12] in the West station.
[6:14] And all I had was the contract.
[6:15] And the contract said, was it $300?
[6:18] For a total of $300.
[6:20] $300?
[6:21] Little less than $301,000.
[6:25] So that money from that we appropriate for that
[6:29] and moved it around.
[6:31] So we would have a balanced budget.
[6:34] One of the issues that we ran into, the accruals put most of our payroll over, I guess
[6:42] did you send them that email?
[6:44] I didn't send it to them.
[6:45] Oh, the one where you emailed me back while they're email address.
[6:50] My call?
[6:51] Oh.
[6:51] So anyways, our budget for payroll this past year was $12 million.
[6:55] After it was all sent down, it didn't end up being $12.00 million.
[6:58] So that's really what has caused some issues here at the end of the budget, hopefully.
[7:05] I think that's why I would see some increases in this year's budget and fight as in payroll.
[7:12] So anyways, I took that difference of what the contract said, $300,000, and you said $188,000
[7:22] to balance all the other budgets.
[7:23] So about 30 minutes ago, Paul was asking about that,
[7:29] because I thought it was $490,000.
[7:32] Well, we got to look into where he has another document
[7:36] that says it is $490,000.
[7:40] It is.
[7:41] I pulled our subcommittee notes
[7:43] that we had at those meetings with the EDC,
[7:48] and it is for $490.
[7:50] So we had the $189 for the purchase of the land, $300,000, $800,000, $811 for the purchase
[7:59] of our portion of the lift station for a total of $489,000, something, almost $490,000.
[8:10] So on this budget, you can look, we have overexpended function 11, well, we're right at it.
[8:16] I added a column this month that I don't normally have.
[8:19] it's encumbered and this was as of the last I think three days ago to this so yeah
[8:29] could I rank payroll for my day.
[8:33] My point being encumbered is what we said we're
[8:36] going to spend but mine not necessarily spend, right?
[8:43] No, no that's decimal, I'm sorry I looked at 50 for you.
[8:48] So it probably won't spin that much, but it's been appropriated, it's a PO's contract.
[8:54] Like, we give them some vendors that will pay it.
[8:56] It may not, the teacher that goes for whatever may not use all that money, or it may fall
[9:02] there and they don't use it off side of the money, it may come back.
[9:05] But these budget amendments cover, like I said, payroll is finished and it covers any
[9:09] in coverances that we have.
[9:11] If the spread didn't go in before September 1st,
[9:14] then it's up next year.
[9:15] So when we get to the resolution and it's been updated,
[9:19] if you've looked at it already because of this tonight,
[9:23] that's going to go into designated fund ballots.
[9:25] Did
[9:39] you say there was 900,000 increase in salary?
[9:42] Paul, we expanded the original budget last year
[9:46] in September was $12 million.
[9:49] And then we changed the budget throughout the year,
[9:52] but it's still wet enough. So it's 12.0. It's called Iroh. I went it up here.
[10:02] Anyone have any questions on that?
[10:07] We are going to go ahead and go into closed session.
[10:11] So it shouldn't take long, but if you don't want to step out, 640.
[10:22] So
[10:26] I'm not going to do so.
[10:27] We brought reading glasses. So we're getting ready.
[10:52] Are we run locked and we're ready?
[10:54] everybody? Yes, ma'am. All right. Item number five discussing to consider the approval of the 2025-2026 final budget amendments
[11:02] which we already went through and so each year we present final budget amendments since we're all funds and functions
[11:09] we've presented. For the audits, the more we'll consider the final budget amendments for revenues and expenditures, the 2025-2026 budget is recommended by
[11:18] administration. I get a motion to approve the final
[11:22] to the 2020-5-26 budget minutes directly and extenders
[11:26] and presenting. All in favor? All opposed?
[11:34] Motion passes?
[11:38] Tony, don't take a picture of
[11:39] me holding up the sheet. Directed over there.
[11:45] Item number six. Discussions consider adoption of the district budget at the
[11:50] the fund and function level for the 2026-2027 school year.
[11:57] On my question to adopt the 2026-2027
[11:59] record you're asking about it at the fine and function level.
[12:02] It's presented.
[12:03] Sorry.
[12:04] All in favor?
[12:06] All opposed?
[12:10] Number seven.
[12:11] Discuss and consider adopting an ordinance to set the 2026-2027
[12:15] district rate.
[12:16] The maximum tax rate the district can impose for the 2026-2027
[12:20] 1 is 0.7011 for maintenance and operation.
[12:25] The recommendation of tax rate of 0.36 for interest and sinking for a total tax rate
[12:32] of 1.0611, this is the recommendation of the district staff, the resolution to approve
[12:38] an ordinance to set the tax rate is attached.
[12:58] All in favor?
[13:01] All opposed?
[13:03] Motion passes.
[13:07] Number 8.
[13:08] Discuss and consider resolution of the board committing a fund balance.
[13:11] This form is for the addition of Matthew Devonport as an authorized representative for the district's Lone Star investment pool.
[13:20] Make a motion to approve the authorized representative form for the Lone Star investment pool for Prairie Freeman and Matthew Devonport to be authorized.
[13:29] Okay.
[13:32] All in favor?
[13:33] All opposed?
[13:36] Motion passes.
[13:38] Number nine, discuss and consider authorizing
[13:40] Prairie Freeman and Matthew Davenport as the designated
[13:43] authorized representatives to have full power
[13:45] and authority to execute the agreement.
[13:47] And any other documents is maybe required
[13:49] to deposit money to and withdraw money from
[13:51] Reconrich ISD's Lone Star Investment.
[13:55] I should move for Prairie Freeman and Matthew Davenport
[13:59] to be a designated pop-around representative
[14:01] to have the power of inquiry.
[14:03] Execute the agreement to the other documents
[14:06] I'd like to require to pause the money to draw money from
[14:09] right by student loans to start with that.
[14:13] Second.
[14:14] All in favor.
[14:15] Aye.
[14:15] All opposed.
[14:17] Motion passed.
[14:19] Number 10.
[14:20] Discussing, consider approval for the 2026, 2027 fuel bill.
[14:24] Fuel bids.
[14:33] Can we make the motion?
[14:33] No, that's not fair.
[14:36] Make a motion to approve the bid.
[14:38] The C4 fuels.
[14:40] Second.
[14:42] All in favor.
[14:43] of all of us. Meeting adjourned.